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June 8, 2008
Another questionable Obama veep panel member
Why does Barack Obama have trouble finding untainted members for his three person panel vetting vice presidential candidates?
Eric Holder vetted the March Rich pardon for Bill Clinton. That bad judgment should disqualify him. Now comes news that a second member of the panel, James Johnson -- former head of Fannie Mae -- received a sweetheart "mortgage" from disgraced Countrywide Finance, one of the major sources of our mortgage crisis .
Johnson was forced out of Fannie Mae when a regulator found the company had violated accounting rules in an effort to conceal fluctuations in profit and had failed to maintain adequate risk controls. In April ,he finally agreed to settle charges.
Now he is one of the key people helping Barack Obama, whom he has served as a long-time advisor . One of the people who is responsible for ensuring an orderly, and honest, market accepted a sweetheart deal, and now he is picking a veep candidate?
What kind of judgment is Barack Obama displaying?